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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Investments in single-family residential properties:    
Land $ 4,810,449 $ 4,737,938
Building and improvements 15,817,725 15,270,443
Total gross investments in the properties 20,628,174 20,008,381
Less: accumulated depreciation (3,519,211) (3,073,059)
Investments in single-family residential properties, net 17,108,963 16,935,322
Cash and cash equivalents 300,312 610,166
Restricted cash 215,584 208,692
Goodwill 258,207 258,207
Investments in unconsolidated joint ventures 286,897 130,395
Other assets, net 508,451 395,064
Total assets 18,678,414 18,537,846
Liabilities:    
Mortgage loans, net 2,207,792 3,055,853
Secured term loan, net 401,476 401,313
Unsecured notes, net 2,517,272 1,921,974
Term loan facilities, net 2,626,491 2,478,122
Revolving facility 0 0
Convertible senior notes, net 0 141,397
Accounts payable and accrued expenses 325,967 193,633
Resident security deposits 173,280 165,167
Other liabilities 79,787 341,583
Total liabilities 8,332,065 8,699,042
Commitments and contingencies (Note 14)
Stockholders' equity    
Preferred stock, $0.01 par value per share, 900,000,000 shares authorized, none outstanding as of September 30, 2022 and December 31, 2021 0 0
Common stock, $0.01 par value per share, 9,000,000,000 shares authorized, 611,409,909 and 601,045,438 outstanding as of September 30, 2022 and December 31, 2021, respectively 6,114 6,010
Additional paid-in capital 11,133,258 10,873,539
Accumulated deficit (916,138) (794,869)
Accumulated other comprehensive income (loss) 91,892 (286,938)
Total stockholders' equity 10,315,126 9,797,742
Non-controlling interests 31,223 41,062
Total equity 10,346,349 9,838,804
Total liabilities and equity $ 18,678,414 $ 18,537,846